PepeBull
Crypto Overview
PepeBull (BEEF) is a meme cryptocurrency launched in 2023, inspired by the Pepe the Frog internet meme and bull market sentiment. It operates on the Ethereum blockchain as an ERC-20 token.
Purpose and Utility
The stated purpose of PepeBull is to create a community-driven meme token celebrating bull market conditions. While it does not claim specific utility beyond being a tradeable digital asset, it functions as a store of value and medium of exchange within its ecosystem.
Business Model Analysis
The token's primary function is serving as a tradeable digital asset. There is no evidence of involvement in prohibited activities like gambling, interest-based lending, or adult content. The token operates with transparency through its smart contract on the Ethereum blockchain.
Real-World Adoption
PepeBull has achieved listing on several decentralized exchanges (DEXs) where actual trading of the token occurs. While trading volume is moderate, there is genuine exchange of the digital asset taking place.
Platform Development
The project maintains basic development activity focused on maintaining the token contract and community engagement. While not technologically complex, this aligns with its stated purpose as a meme token.
Token Distribution
Token distribution shows no concerning concentration in founder wallets that would suggest a scheme to enrich creators. Contract analysis shows no hidden mechanisms for privileged withdrawals or manipulative functions.
Crypto Impact
To assign a comfort level investing in PepeBull from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to PepeBull.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.